Latest News for: Currency default

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Dubai Commodities Clearing Corporation has what it takes for a de-dollarized world

Gulf News 17 May 2024
As the world’s reserve currency for almost 80 years, DCCC’s historic default for settling contracts in US dollars has always made sense ... Saudi Arabia is reportedly exploring the acceptance of payments in other currencies.”.
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Domain Register and Web Hosting Signup Script + Bootstrap Web Hosting Template = $15 only

Web Hosting Talk 14 May 2024
○ Supports any currency symbol or name. You can define right and left currency symbols and currency code(for default and each payment gateways separately) ... It can be convert default currency to payment gateway's currency automatically.
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Israel’s war economy is working—for the time being

Live Mint 12 May 2024
... in more than a decade, prompting Israel’s central bank to sell $30 billion of foreign-exchange reserves to prop up the currency.The price of insuring the country’s debt against default has rocketed.
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Did SBP and IMF get inflation wrong?

The News International 09 May 2024
Pakistan’s failure to secure a timely bailout from the IMF, partly due to its insistence on maintaining an artificial exchange rate, exacerbated the currency crisis, bringing the country to a near default.
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Egypt's foreign reserves surge to $41.1B, reaching a four-year high

Egypt Today 08 May 2024
The rating agency has also upgraded Egypt's long-term foreign-currency Issuer Default Rating (IDR) outlook from Stable to Positive, while maintaining the IDR at 'B-'.
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British MoD Allegedly Hacked by China on May 7

Armstrong Economics 08 May 2024
They need World War III as an excuse to default, create a form of Bretton Woods II, and implement their own digital currency that may be centralized to the collective of the West and not one individual nation.
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National Dialogue’s rapporteur: Fitch Ratings give assurance message for investment in Egypt

Egypt Independent 07 May 2024
Fitch Ratings, a leading global credit rating agency, revised Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) outlook from Stable to Positive, while affirming the IDR at ‘B-‘ ... ....
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Web Hosting Signup PHP Script | Domain Registration Script

Web Hosting Talk 06 May 2024
○ Supports any currency symbol or name. You can define right and left currency symbols and currency code(for default and each payment gateways separately) ... It can be convert default currency to payment gateway's currency automatically.
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Fitch Revises Egypt's Outlook To Positive Maintains 'B-' Rating

MENA FN 04 May 2024
(MENAFN - Daily News Egypt) Fitch Ratings has revised the outlook onEgypt'sLong-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive fromStable,while affirming the IDR at'B-'.The ... .
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Fitch Ratings upgrades Egypt's outlook to positive amid economic reforms

Egypt Today 04 May 2024
Fitch Ratings, a leading global credit rating agency, has revised Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) outlook from Stable to Positive, while affirming the IDR at 'B-'. .
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Egypt Finance Min. stresses ability to answer financing needs

Kuna 04 May 2024
The minister's remarks came after Fitch Ratings had revised the Outlook on Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable, and affirmed the IDR at "B-" ... (end) ism.mt. .
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Fitch revises Egypt’s outlook to positive; maintains ‘B-‘ rating

Daily News Egypt 04 May 2024
Fitch Ratings has revised the outlook on Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable, while affirming the IDR at ‘B-‘.
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Fitch Revises Nigeria’s Outlook to Positive, Affirms ‘B-‘ Rating amid Market-friendly Reforms

This Day 04 May 2024
Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable, and affirmed the IDR at ‘B-‘.
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OECD Sees Greek Economy Growing 2% in 2024 and 2.5% in 2025

Greek Reporter 02 May 2024
Bank of Greece. Credit. Greek Reporter ... OECD on Greek economy and debt ... Greece regained its investment-grade status in 2023 after thirteen years. Fitch Ratings upgraded Greece’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to BBB- from BB+.
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Mosaic Enters Share Purchase and Subscription Agreement with Ma'aden

ACCESSWIRE 30 Apr 2024
risks related to the expected timing and likelihood of completion of the pending transaction, including the inability to receive the required approval by Ma'aden shareholders and other approvals, ...
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